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Virtus Terranova U.S. Quality Momentum ETF (JOET)

34.33 +0.09 (+0.27%)
At close: June 28 at 3:57 PM EDT

ETF Summary

Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

ETF Overview

Category Large Growth
Fund Family Virtus
Net Assets 108.78M
YTD Daily Total Return 11.90%
Yield 1.21%
Legal Type Exchange Traded Fund

ETF Operations

Attributes JOET Category Average
Annual Report Expense Ratio (net) 0.29% 0.95%
Holdings Turnover 121.00% 51.07%
Total Net Assets 64,176.25 64,176.25

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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